Wood Composite Technologies Inc. announces return of capital distribution associated with a stated capital reduction
NISKU, AB, Oct. 10, 2012 /CNW/ - Wood Composite Technologies Inc. (TSX-V: WCT) (the "Company") announces that further to its October 2, 2012 announcement regarding the record and payment dates for the special distribution to shareholders, it has instituted a voluntary halt of trading of its shares by request to the Investment Industry Regulatory Organization of Canada ("IIROC"). WCT expects the shares to remain halted until the voluntary delisting of its shares from the TSX-V, which is expected to occur on or about October 17, 2012, the day following the payment date for the special distribution to shareholders previously announced.
About Wood Composite
Wood Composite is listed on the TSX-V under the symbol "WCT" and maintains certain patents and processes that are proprietary to the Company which utilize recycled post industrial materials.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
SOURCE: Wood Composite Technologies Inc.For further information:
President and Chief Executive Officer
Telephone: (780) 908-3130
Facsimile: (780) 427-3725